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president to sustain our military force io afghanistan. that is literally what we'ren do taught about here in this debate. the american people are turning to come to understand it because when you first ask a person, tht obvious answer is no, are you crazy, senator? by what i want one of them in this country? we need more less stack, notts e more. when you go to the point ofjusto explaining that this is to pay d for things we authority -- that's the authority incurred, it isn't just a wage of war. 65a it is a debt incurred to pay fot medicare. we staaidl a to 65-year-olds acr america, you get medicare that will be there when you need pay. when you go to the hospital and turn your bills, will pay thejor hospital and we borrow money to do it. yield? >> thank you. i just walked in i appreciate w your comments about where weereh had h were. of 10 years ago we had a budget surplus in this country as you , recall. we had a number quarter after quarter of economic growth than we know the coming outcome when you have economic growth obviously the
president to sustain our military force io afghanistan. that is literally what we'ren do taught about here in this debate. the american people are turning to come to understand it because when you first ask a person, tht obvious answer is no, are you crazy, senator? by what i want one of them in this country? we need more less stack, notts e more. when you go to the point ofjusto explaining that this is to pay d for things we authority -- that's the authority incurred, it isn't just a wage of...
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i disagree with a strategy where we're spending $100 billion to $120 billion in afghanistan in a strategy of nation building that is not the best use of our national security, not the best use of our soldiers who are there to fight for our national security, but those are decisions that were made in the past. and we must pay the bill on those decisions even when i disagreed with them. and then we need to put together a plan that takes on our deficit and our debt, and that plan has to put all of the options on the table. some of my colleagues across the aisle, they said, well, we want to protect the tax spending programs where we've tucked in tax provisions for the wealthy and the well connected. we want to defend those. we don't want to touch those for the best-off americans. but we want to cut the programs for working americans. that is unacceptable. we have seen enormous increase in the disparity between the wages and welfare of our citizens in general and the best-off becoming much, much wealthier proportionately. we can't continue to say that we're going to protect the well-connected
i disagree with a strategy where we're spending $100 billion to $120 billion in afghanistan in a strategy of nation building that is not the best use of our national security, not the best use of our soldiers who are there to fight for our national security, but those are decisions that were made in the past. and we must pay the bill on those decisions even when i disagreed with them. and then we need to put together a plan that takes on our deficit and our debt, and that plan has to put all of...
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Jul 20, 2011
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is playing in that, afghanistan. this is all a distraction from a major geopolitical agenda. >> ifill: with all of those things on his plate, though, richard... david cameron. i'm getting everyone's names mixed up tonight. he lives to fight another day? >> yes, i think so. as you said earlier, there were a number of investigations. there's a criminal investigation we will be finding out... there will be a drip feed of e-mails, of reports, of parliamentary select committees and, you know, this will continue to be a bad news story for david cameron. how much worse it get december pends on the contents of some of those e-mails. >> ifill: i guess we have no choice but to watch. richard add dallas, heather conley, thank you both so much. >> brown: next, compelling insurers to cover contraception. the new health care reform law that president obama signed last year not only expands the number of people who get coverage. it also requires the secretary of health and human services to determine which preventive benefits shoul
is playing in that, afghanistan. this is all a distraction from a major geopolitical agenda. >> ifill: with all of those things on his plate, though, richard... david cameron. i'm getting everyone's names mixed up tonight. he lives to fight another day? >> yes, i think so. as you said earlier, there were a number of investigations. there's a criminal investigation we will be finding out... there will be a drip feed of e-mails, of reports, of parliamentary select committees and, you...
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Jul 20, 2011
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he and i joined forces to do in that on afghanistan -- to do a letter on afghanistan on ending our nation building strategy, and we did a town hall meeting. i worked with a conservative republican on trying to lower the cost of prescription drugs. i worked with joe barton from texas, who denies global warming is a problem, and we worked on an energy efficiency bill. i find this much more satisfying to look for areas where we share something, common ground, and do it together. sure, when it comes to the election, i will be for the democrats by and large. working with republicans is really important for me to have a chance at being successful. host: next call comes from alabama. go ahead, ashley. democrat. caller: i was calling to see how cut, cap and balance the tax social security for the impaired, the disabled people who cannot work? host: thank you, ashley. guest: if you are on social security disability, you will still be getting social security benefits. social security is a separate program that is self-funded. it should not be something that is used as a pt bank -- as a piggy bank t
he and i joined forces to do in that on afghanistan -- to do a letter on afghanistan on ending our nation building strategy, and we did a town hall meeting. i worked with a conservative republican on trying to lower the cost of prescription drugs. i worked with joe barton from texas, who denies global warming is a problem, and we worked on an energy efficiency bill. i find this much more satisfying to look for areas where we share something, common ground, and do it together. sure, when it...
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Jul 20, 2011
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afghanistan alone is costing $10 billion a month with the total price tag for iraq and afghanistan going back 10 years $3.2 trillion. and that's a conservative estimate, mr. speaker. these are staggering figures, especially during a recession when americans are crying out for washington to do something about creating jobs and breathing life back into our economy. and what are the taxpayers getting for their trillions of dollars in war spending? more than 6,100 dead americans, continued violence in iraq and a prime minister whose cozying up to iran and an ongoing civil war in libya. a corrupt regime in kabul, insurgents that continue to kill at will. in afghanistan, a nation still under crushing poverty and an afghan government that cannot protect its own people. by any measure these wars have been a devastating failure and yet with barely any scrutiny, barely any debate and certainly no outrage from republican leaders, we continue to write that check. meanwhile, we have domestic programs that work, proven investments in the survival and prosperity of our people. medicare, social security
afghanistan alone is costing $10 billion a month with the total price tag for iraq and afghanistan going back 10 years $3.2 trillion. and that's a conservative estimate, mr. speaker. these are staggering figures, especially during a recession when americans are crying out for washington to do something about creating jobs and breathing life back into our economy. and what are the taxpayers getting for their trillions of dollars in war spending? more than 6,100 dead americans, continued violence...
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Jul 20, 2011
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so the iraq war and the afghanistan war. the other thing is this downturn in the economy. the downturn in the economy occurred in 2008. how did it happen, why did we have that crash of the american economy? we had it because the federal government stepped back from regulating the financial institutions, allowing them to run wild, assuming that they would be smart enough to regulate themselves. that didn't happen. they were smart enough to be extraordinarily greedy. wall street went on a greed binge and the result was the collapse of the financial industry. needless to say there were other players in this game and many americans, hundreds of thousands of americans joined in the game and took out mortgages, bought house that there was no way they could possibly afford. the financial industry, the mortgage industry and wall street bankers and we wound up with the great collapse of 2008. to deal with that the bailout of wall street occurred, most of that has now been paid back. it worked. did it work for the benefit of americans? well, it stabilized the financial institutions
so the iraq war and the afghanistan war. the other thing is this downturn in the economy. the downturn in the economy occurred in 2008. how did it happen, why did we have that crash of the american economy? we had it because the federal government stepped back from regulating the financial institutions, allowing them to run wild, assuming that they would be smart enough to regulate themselves. that didn't happen. they were smart enough to be extraordinarily greedy. wall street went on a greed...
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Jul 20, 2011
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grandparents, mothers and fathers who are back here in this country while on the front lines of iraq and afghanistan. today we just voted h.r. 2650 to, in fact, establish a club of losers for these patriots who have served their country. what a shame. what a shame. i yield back. the speaker pro tempore: for what purpose does the gentleman from louisiana rise? without objection. mr. scalise: mr. speaker, the house finally passed a real plan that addresses this nation's spending crisis. i think many american families know that washington has a spending problem because they have been living within their means. they have wen been trying to figure out to do what what they've got. and we passed a plan that actually would cut, cap and balance and controls spending in washington. and what's the president's plan? we have still yet to hear his plan. we hear speeches and class warfare where the president puts one part of america against the other. if he confiscated every dollar, it wouldn't address the problem. it's time to get real. if the president wants to get serious about addressing the spending problems,
grandparents, mothers and fathers who are back here in this country while on the front lines of iraq and afghanistan. today we just voted h.r. 2650 to, in fact, establish a club of losers for these patriots who have served their country. what a shame. what a shame. i yield back. the speaker pro tempore: for what purpose does the gentleman from louisiana rise? without objection. mr. scalise: mr. speaker, the house finally passed a real plan that addresses this nation's spending crisis. i think...
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. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge them. foreclosure. that sort of thing going on. this has been a politically embarrassing process of writing wrongs done against members of the military in active duty. host: gym as white as a deployed serviceman and against paying his mortgage -- jim asked why a deployed servicemen against paying his mortgage? guest: he is not exempt against paying his mortgage. is exempt against being foreclosed on. as it has been explained to me, a service member might be in the field for a week or two and have virtually no contact with the
. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge...
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but i did want to bring up a couple of instances where i've had clients who were fighting in afghanistan at the same time they were fighting wells fargo on mainland because wells fargo refuse to accept their allotment pay, even though they were current. i've received e-mails from singapore from a gentleman with top-secret clearance who was current in his mortgage, and he was still being turned over to an attorney to proceed with mortgage foreclosure proceedings. this gentleman eventually was going to lose his home because he could not handle the stress of being on the job near singapore as well as having his home lost for his family and his children. this automatically as going to affect the morale of the military service, the military lending act does not at all protect our veterans, and it also does not protect other citizens who should be protected by these unregulated or under regulated aggressively marketed, high interest loan products. thank you. >> thank you, ms. drysdale. mr. pincus, you may proceed. >> thank you, mr. chairman and members of the committee. it is an honor to testi
but i did want to bring up a couple of instances where i've had clients who were fighting in afghanistan at the same time they were fighting wells fargo on mainland because wells fargo refuse to accept their allotment pay, even though they were current. i've received e-mails from singapore from a gentleman with top-secret clearance who was current in his mortgage, and he was still being turned over to an attorney to proceed with mortgage foreclosure proceedings. this gentleman eventually was...
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this is about taking care of the wars in the iraq and afghanistan, it's about taking care of those bush tax cuts, it's about taking care of the medicare prescription drug bill. all those costs. and to say we're going to forget about those and worry about the future when our kids are the ones that will suffer is irresponsible. so i don't think the president would want to act unilaterally, nor do i think congress has to force the president into acting unilaterally. we can get this done. this is a manufactured crisis because for seven different occasions under president bush, under 17 or 18 different occasions under president reagan republicans voted to lift the debt ceiling because they knew we would default on our debts for the first time in history. jenna: so let's say we're moving towards this deadline, and we actually are -- >> we are. jenna: august 2nd, right? you've seen so many different numbers and you mentioned so many different issues, and i don't mean to gloss over that in generalities, but there's so much involved in this decision about the debt ceiling and also about cutting
this is about taking care of the wars in the iraq and afghanistan, it's about taking care of those bush tax cuts, it's about taking care of the medicare prescription drug bill. all those costs. and to say we're going to forget about those and worry about the future when our kids are the ones that will suffer is irresponsible. so i don't think the president would want to act unilaterally, nor do i think congress has to force the president into acting unilaterally. we can get this done. this is a...
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Jul 20, 2011
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president, to borrow the money to sustain our military forces in afghanistan. that is literally what we're talking about here in this debate. the american people are starting to come to understand it because when you first ask a person do you want to extend the debt ceiling, the obvious answer is no, are you crazy, senator? why would i want more debt in this country? we need less debt, not more. don't you get it? understandably, that's the public reaction, but when you go to the point of explaining that this is to pay for things we have already -- debts we have already incurred -- and it isn't just to wage a war. it's a debt incurred to pay for medicare. we said to 65-year-olds across america you get a health insurance plan called medicare and it will be there when you need it. when you go to the hospital and turn in your bills, we'll pay that doctor and pay that hospital, and we borrow money to do it. mr. brown: will the assistant majority leader yield? mr. durbin: i will. mr. brown: i just walked in. i appreciate your comments about where we were. 10 years ag
president, to borrow the money to sustain our military forces in afghanistan. that is literally what we're talking about here in this debate. the american people are starting to come to understand it because when you first ask a person do you want to extend the debt ceiling, the obvious answer is no, are you crazy, senator? why would i want more debt in this country? we need less debt, not more. don't you get it? understandably, that's the public reaction, but when you go to the point of...